Are the financial statements for Body Brain Center, LLC included as part of Item 21?
Body_Brain_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
orsed; or (ii) independent franchisee organizations that have asked to be included in this Disclosure Document.
ITEM 21 FINANCIAL STATEMENTS
Audited financial statements of Body and Brain Center, LLC for the years ended
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)
What This Means (2025 FDD)
According to Body Brain Center's 2025 Franchise Disclosure Document, Item 21 explicitly addresses the inclusion of the company's financial statements. The document states that the audited financial statements for Body Brain Center, LLC for the years ending December 31, 2024, December 31, 2023, and December 31, 2022, are attached as Exhibit K.
This inclusion of audited financial statements is a standard practice in franchising, allowing potential franchisees to review the financial health and performance of the franchisor. By providing these statements, Body Brain Center aims to offer transparency and build trust with prospective franchisees.
As a potential franchisee, reviewing these financial statements is crucial. It allows you to assess the franchisor's profitability, stability, and overall financial condition. Understanding these aspects can help you make an informed decision about investing in a Body Brain Center franchise.